Introducing an Exceptional Commercial Property in Tongaat
This remarkable commercial property offers a unique blend of luxury living and investment potential. This magnificent property boasts a spacious 5-bedroom house with 6 bathrooms, providing ample room for comfortable living. The house includes essential living spaces such as a study, dining room, kitchen, and a convenient scullery. Entertain in style with a pool, a well-equipped bar, and a game room, ensuring endless opportunities for relaxation and social gatherings. Enjoy the picturesque surroundings from any of the 5 balconies that offer stunning views.
But the true value of this property extends beyond its residential appeal. The building also features a lucrative commercial component, making it a prime investment opportunity. The basement houses 3 retail shops, while the ground level offers 2 additional shops. The first floor is a bustling hub with 9 retail spaces, providing a diverse range of leasing opportunities for businesses.
Among the current tenants, you'll find a variety of established enterprises, including Chester Butchery, Dick's Hardware, Rock International Ministries, Tongaat Glass, Mitime Beauty Salon, Madica Venue Hire, Gadla Security, Old Mutual, and SADTU. These thriving businesses contribute to the property's income potential, making it an attractive prospect for investors.
With its combination of luxurious living spaces and a thriving commercial presence, this property represents a unique opportunity to secure a versatile and financially rewarding asset. Whether you're seeking a dream home with potential income streams or a solid investment, this commercial property is a rare gem that offers the best of both worlds. Don't miss the chance to make this property yours – it's a true embodiment of modern luxury and smart investment.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.